ACC 225 WEEK 3 DQs

ACC 225 WEEK 3 DQs

Author: Zomi Bravo

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Discussion Questions

Post your response to the following:

o What is the difference between cash basis and accrual basis accounting?

o Why do accrualbasis financial statements provide more useful information than

cashbasis financial statements?

o Describe when each method (cash basis and accrual basis accounting) would be

appropriate to use.

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